The Spanish Government has approved a significant change to the VAT treatment of furnished holiday rentals, potentially bringing many property owners within a tax regime that, until now, they may not have needed to consider. Under the new rules, certain short-term rentals will become subject to 10% VAT from 1 December 2026, provided the legislation … Read more
Spain has introduced a wide-ranging package of housing and tax measures through Royal Decree-Law 29/2026, of 6 October. The new legislation seeks to improve access to affordable housing, strengthen protections for tenants, encourage investment in residential property and introduce new tax incentives for both landlords and investors. The changes extend beyond the rental market. They … Read more
Spain’s tax authority, the Agencia Tributaria, is sharpening its focus on a new generation of income sources. From social media influencers and cryptocurrency investors to landlords receiving digital payments, the message from Hacienda is becoming increasingly clear: the digital economy is no longer flying under the radar. As Spain’s financial landscape evolves, so too does … Read more
These guides have been carefully developed by Spence Clarke to support our clients in navigating the Quantum Economics invoicing system with confidence and clarity. With a strong focus on the upcoming VERIFACTU requirements, this resource hub is designed to simplify complex processes, ensure full compliance, and provide practical step-by-step guidance. Each section of this page … Read more
In a move to continue supporting the transition to sustainable mobility, the Spanish government has officially confirmed the extension of tax deductions for electric vehicle (EV) purchases and the installation of charging points through 2026. The decision was announced as part of a new Royal Decree, ensuring that these tax benefits remain in place for … Read more
The controversial municipal waste‑management tax (tasa de basuras) introduced by many Spanish councils is now facing major legal scrutiny. According to the Asociación Nacional de Inspectores de la Hacienda Pública Local (ANIHPL), the tax could amount to over 3.400 million €, and if deemed invalid by the courts, millions of residents and businesses across Spain could be … Read more
Spain continues to attract residents and expatriates from across Europe and beyond, drawn by its climate, healthcare system and quality of life. However, recent data show that the cost of everyday living is placing increasing pressure on household finances. According to the latest consumer spending analysis, the average Spanish household now spends approximately 21,938 € … Read more
In September 2025, the Andalusian regional government announced a sweeping reform of its income-tax deductions (IRPF) that removes income limits for several previously restricted measures. Although the reform has been broadly welcomed, many observers have criticized the administration for introducing it so late in the fiscal cycle, arguing that the delay has created uncertainty and … Read more
The Estepona Town Hall has implemented the most significant reduction in the municipal property tax (IBI) in the town’s history, benefitting nearly 38,000 residents. The most recent tax bills, issued in August, reflect an average 20% reduction, representing a total saving of 6.1 million € for local households. This fiscal shift comes after the Town … Read more
On 18th August 2025, the average Spanish taxpayer finally celebrated their “Tax Freedom Day” — the symbolic date when they stopped working for the State and began working for themselves. In Andalucia, that day arrived even later, on 19th August. According to the latest report by Fundación Civismo, this milestone arrived 16 days later than … Read more
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